Taxation Blog

“Transactions or speculation in crypto assets are subject to the general principles of South African tax law and taxed accordingly.” (SARS) A staggering 5.8 million South Africans hold a crypto asset, with Southern Africa boasting the largest uptake of Bitcoin in the...

  07 August – PAYE submissions and payments 25 August – VAT manual submissions and payments 28 August – Excise duty payments 29 August – VAT electronic submissions and payments, Corporate Income Tax Provisional payments where applicable, and Personal Income Tax...

07 July | Monthly PAYE submissions and payments   25 July | Value Added Tax (VAT) manual submissions and payments   30 July | Excise duty payments   31 July | VAT electronic submissions and payments, Corporate Income Tax (CIT) Provisional Tax payments...

We are in the process of preparing the first provisional tax returns for the 2026 tax year, due for submission to SARS by 29 August 2025. We would therefore appreciate it if you could furnish us with either a copy of your latest payslip OR the total of your PAYE...

“We accept the responsibility to achieve the 2025/26 revenue estimate presented by the Finance Minister Mr Enoch Godongwana.” (SARS Commissioner Edward Kieswetter) Removing the contentious proposed VAT increases from Budget 3.0 led to a shortfall in revenue that...

“My sincere gratitude goes to the compliant taxpayers and traders who have continuously played their part in building our country. Ndza khenza.” (SARS Commissioner, Edward Kieswetter) Tax Filing Season 2025 officially opens on 7 July this year. This covers the...

  With Compliments 21 July 2025 is the official start of the 2025 Tax filing season – SARS is encouraging all taxpayers to use SARS e-filing channels to file their tax returns with amended deadline dates: Type of Taxpayer    Channel   Due Date Non-provisional and...

07 July | Monthly PAYE submissions and payments 25 July | Value Added Tax (VAT) manual submissions and payments 30 July | Excise duty payments 31 July | VAT electronic submissions and payments, Corporate Income Tax (CIT) Provisional Tax payments where applicable....

NB and FYI. CURRENT YEAR: 2025/2026 MD Tax Card PRIOR YEARS: 2024/2025 MD Tax Card 2023/2024 MD Tax Card 2022/2023 MD Tax Card   2016 - 2026

2025/2026 Tax Card | Click on the images below for all necessary information   Please get in touch with our offices directly at +27 (0) 683 4834, should you have any queries.  Prior years' MD Tax Cards and MD Tax Guides here

Last month’s Budget 3.0 withdrew the contentious proposed VAT changes. This resulted in inflation-linked fuel levy increases of 16c for petrol and 15c for diesel, from 4 June. Other tax proposals from March’s Budget – including static personal tax thresholds, reduced...

21 July 2025 is the official start of the 2025 Tax filing season – SARS is encouraging all taxpayers to use SARS e-filing channels to file their tax returns with amended deadline dates: Type of Taxpayer Channel Due Date Non-provisional and provisional taxpayers...

"The difference between tax avoidance and tax evasion is the thickness of a prison wall." (Denis Healey, former UK Chancellor of the Exchequer) The line between tax avoidance and tax evasion can sometimes appear blurry, especially in complex transactions or fierce tax...

With Compliments SARS’ Queries, Audits and Compliance Requirements continue to be ever more frequent, onerous and focused on all taxpayers providing proof and rationale for the information submitted. Even if your taxes are up-to-date and compliant, you can still be...

06 June | PAYE submissions and payments 25 June | VAT manual submissions and payments 27 June | Excise duty payments 30 June | VAT electronic submissions and payments, & CIT Provisional Tax payments where applicable.   CONTINUE READING IN THE NEWSLETTERS...

SARS has also released an updated version of the “Budget 2025 Tax Pocket Guide”, which provides a useful summary of the tax tables and their impact on taxpayers.

CLICK HERE for all the information on How Budget 3.0 Affects You & Your Business!   On 21 May Finance Minister Enoch Godongwana delivered his third Budget Speech this year (“Budget 3.0”), telling South Africans that “this is not an austerity budget” and...

A reminder that this is the second year of the IT3D declaration. Public Benefit Organisations (PBO’s) that issue a Section 18A certificate must disclose the full details of those Section 18A certificates to SARS as a third-party provider of information. The deadline...

“In 2025/26, SARS will focus on addressing the tax gap to improve revenue collection.” (National Treasury Budget Review)   With additional funding from the National Treasury, SARS will now be better positioned than ever to collect the estimated R800 billion in...

With Compliments SARS penalties are onerous, especially with the latest February 2025 EMP501 reconciliation season and SARS warning of more penalties should you miss their cut-off! SARS has also released an upgraded E@syFileTM Employer version to be used from 1 March...